EBSA Unified Agenda - [Final Rule Stage]

Title: Amendment to Interpretive Bulletin 95-1 

Abstract: This rulemaking implements the directive in section 625 of the Pension Protection Act of 2006, which requires the Secretary of Labor to issue, not later than 1 year after the date of enactment, final regulations clarifying that the selection of an annuity contract as an optional form of distribution from an individual account plan is not subject to the safest available annuity requirement under Interpretive Bulletin 95-1 and is subject to all otherwise applicable fiduciary standards. 

Agency: Department of Labor(DOL) 

Priority: Other Significant 

RIN Status: Previously published in the Unified Agenda 

Agenda Stage of Rulemaking: Final Rule Stage 

Major: No 

Unfunded Mandates: No 

CFR Citation: 29 CFR 2509.95-1 

Legal Authority: PL 109-280 sec 625, Pension Protection Act of 2006; 29 USC 1135; ERISA sec 505 

Legal Deadline:

Action	Source	Description	Date
Final	Statutory		08/18/2007

Timetable:

Action	Date	FR Cite
Interim Final Rule	09/12/2007	72 FR 52004
Interim Final Rule Comment Period End	11/13/2007
Final Action	11/00/2008

Regulatory Flexibility Analysis Required: Undetermined 

Government Levels Affected: Undetermined 

Federalism: No 

Included in the Regulatory Plan: No 

RIN Data Printed in the FR: No 

Related RINs: Related to 1210-AB19 

Agency Contact:
Janet Walters
Senior Advisor
Department of Labor
Employee Benefits Security Administration
200 Constitution Avenue NW., FP Building, Room N5655,
Washington, DC 20210
Phone:202 693-8500
Fax:202 219-7291